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IDA19 Mid-Term Review of the Crisis Response Window : Early Response Financing (英语)

This paper reviews the first 14 months of the ERF’s operation, and this short duration should be borne in mind when assessing potential policy changes. The review spans July 2020 when the ERF took effect to September 1, 2021, and its scope covers technical aspects such as the ERF activation framework and financing caps. All ERF requests so far have been for food insecurity and more would have to be learned on how it responds to disease outbreaks. Overall, this review identifies areas for improvement but does not recommend sweeping changes.

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